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Home / Metal News / [Pb TCs]TCs for Chinese Lead Concentrate to Hold Stable for Near Term, SMM says

[Pb TCs]TCs for Chinese Lead Concentrate to Hold Stable for Near Term, SMM says

iconJul 24, 2015 10:50
Source:SMM
TCs for Chinese lead concentrate is expected to remain stable in near term, Shanghai Metals Market reckons.

SHANGHAI, Jul. 24 (SMM) – TCs for Chinese lead concentrate are expected to remain stable in near term, Shanghai Metals Market reckons.

TCs for domestic concentrate (Pb 50%) are left stable at 1,900-2,100 yuan per tonne (Pb content) this week. Mainstream TCs for imported concentrate (Pb 60%, Ag < 1,000 g) still stay at $175-190 per dry metric tonne, SMM reports.

Some ore suppliers hold back sales due to weak lead and silver prices. Tightness in liquidity curbs domestic lead smelters’ and traders’ buying interest. Those factors will allow TCs to stay stable in near term.

SMM estimates that profits for imported materials widen 330 yuan per tonne (Pb content) to 1,100 yuan per tonne (Pb content) this week, compared with domestic concentrate.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

 

TCs for lead concentrate
Pb TCs

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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